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Title:Cancel Culture Comes to Financial Services [2021 National Lawyers Convention]
Duration:02:00:43
Viewed:348,862
Published:07-12-2021
Source:Youtube

The 2021 National Lawyers Convention took place November 11-13, 2021 at the Mayflower Hotel in Washington, DC. The topic of the conference was "Public and Private Power: Preserving Freedom or Preventing Harm?". This panel discussed "Cancel Culture Comes to Financial Services." Under the Obama Administration’s Operation Choke Point initiative, bank regulators sought to de-bank various legal industries such as payday lenders, firearms dealers, and home-based charities. Banks have increasingly acted on their own initiative to cut off politically disfavored industries, religious organizations, and others. Is this voluntary activity the free exercise of business judgment, or is it inappropriate response to external pressure? What kind of unintended consequences might occur where banks use their business to punish based on viewpoint? Could this behavior make banks into utilities subject to more financial regulation or even government actors carrying out government directives? What steps are appropriate either through governmental or private actions? Featuring: - Prof. Christopher Peterson, University of Utah S.J. Quinney College of Law - Mr. Paul Watkins, Managing Director, Patomak Global Partners - Prof. Todd J. Zywicki, Antonin Scalia Law School at George Mason University - Moderator: Judge Eric Murphy, United States Court of Appeals, Sixth Circuit ******* As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speakers.

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